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Given that the profit functions of two goods is n = 24x1 - x] - X,*2 - 2x2 + 33x2 -43 Find the output levels
Given that the profit functions of two goods is n = 24x1 - x] - X,*2 - 2x2 + 33x2 -43 Find the output levels that will maximise the profit. Use second-order derivatives to confirm that the stationary point is a maximum
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